Artemis Alpha Trust plc (the 'Company')

Portfolio Update

Pursuant to Listing Rule 15.6.8, the Company announces that, as at 30 September 2017 it held the following investments in other listed closed-ended investment funds which do not have a stated investment policy to invest no more than 15% of their total assets in other listed closed-ended investment funds:

For further information, please contact:

Artemis Fund Managers Limited

Company Secretary

Telephone: 0131 225 7300

6 October 2017